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Business For Sale
ESTABLISHED CONVENIENCE STORE AND DELI
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Asking Price: |
$219,999
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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Reason for Selling:
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Absentee Ownership. |
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Year Established:
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1966 |
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# of Employees:
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5 |
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Yearly Revenues:
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$925,000 |
Business for Sale Overview:
Price Reduced. Motivated Seller. Established Convenience Store With Deli Plus Real Estate is now for sale for $219,999! A thriving drive-thru neighborhood convenience store serving the community since 1966 & has a very loyal & solid customer base. This busy mini-mart is well stocked & offers delicious deli foods, lottery tickets & has a ATM machine for the convenience of its customers. The majority of the sales are lottery, beer & cigarettes. The sale includes inventory valued at approximately $25,000, fixtures, furniture & equipment valued at approximately $76,000 & real estate valued at approximately $35,000. Contact now for more information on this good business opportunity.
Property Features and Assets:
Great location with very easy access to & from the store in Odessa, Texas. The 2,368 sq.ft convenience store with large lot is on a busy highway & is close to the established residential area, County Airport & industrial & business sectors. Odessa, one of the top six cities in Texas sits midway between Fort Worth & El Paso. The area's fortunes have followed those of the oil & gas industry. Currently, the area's economic trends are for a positive & diversified future. Odessa's retail sector is doing well with new businesses & the manufacturing sector is booming. Odessa has many amenities, an extremely favorable climate, highly skilled & virtually union-free labor force & an excellent quality of life. Education is a priority here & Odessa is fortunate to host the University of Texas Permian Basin & Odessa College. Housing is upscale, yet affordable housing can be found. The Odessa Development Corporation was created to expand & diversify the industrial base, to bring in new industry & encourage expansion of existing industry. Odessa offers enviable health care services & due to its strategic position in the heart of West Texas has become the health care hub for surrounding communities.
Market Competition and Expansion:
The growth potential of this business is unlimited. The store could offer check cashing, money orders, Western Union, add gas pumps & even expand the existing deli. The sale also comes with a very large lot which is included in the asking price. Some to be expected competition.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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